telecoms

Airtel Telecom Africa Half-Year Profit Surges To $376 Million

October 29, 2025 2:17 pm

Telecom giant Airtel Africa posts a 375% profit jump and 26% revenue growth to $2.98 billion, fueled by data and mobile money expansion across key markets.

Airtel Africa Plc has posted a sharp rebound in earnings, reporting a profit after tax of $376 million for the half year ended on Tuesday September 30, 2025 — a 375 percent increase from $79 million recorded in the same period last year.

The telecoms group said on Tuesday October 28, 2025, that revenue rose 25.8 percent to $2.98 billion, up from $2.37 billion in 2024, driven by strong performances in Nigeria, East Africa, …

Nigeria Will Make Telecoms Services Competitive For MTN

October 23, 2019 10:22 am

Nigerian regulators warned they may have to take action to boost competition in the telecommunications industry, a move that could affect international operators including market leader MTN Group Ltd.

While a formal inquiry isn’t underway, authorities are focusing on ownership of data services and infrastructure in Africa’s most populous nation, Babatunde Irukera, executive vice chairman of the Federal Competition & Consumer Protection Commission, said in an interview.

“We are slicing it a little slimmer than who has the most subscribers. We are looking more at data capability and data infrastructure,” he said in Abuja, Nigeria’s capital. “Early indications show …